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In order to mop up funds to deal with the financial deficit, the Central Government is pressurising the cash rich PSUs to purchase shares of other PSUs. The disinvest programme projected to get about Rs.40,000 crore becoming a failure, the government has found out this new method.
It is now reported that other PSUs have shown interested in purchasing the 5% stakes of BHEL. This money will be used by the government for managing its financial deficit.
IT SHOULD NOT LEAD TO BACK DOOR SELLING TO OTHER PRIVATE PARTIES.